Board Moves: Longtime Board Members Say So Long

Agenda – A Financial Times Service Article Written by Amanda Gerut That Uses MyLogIQ Data – By Amanda Gerut December 15, 2017

Several long-tenured directors will close 2017 by bidding farewell to board seats, according to data from public company intelligence provider MyLogIQ. Boards will also see a wave of incoming directors.

At medical technology company Stryker, Howard Cox, Jr., will retire from the board after 44 years with the company, which includes five years before it went public in 1979. Cox is a special limited partner with venture capital firm Greylock Partners, and Stryker praised his value as a board member with the ability to assess potential acquisitions. Cox will be named director emeritus, the company announced this week.

On Dec. 6, the Deere & Co. board announced that Crandall Bowles, a director for 21 years, had retired effective this month. Frank Newman, a board member at Jabil for more than 20 years, will step down in January 2018.